Universal Records (1995−2006)
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Universal Records (1995−2006)
Universal Records was a record label owned by Universal Music Group and operated as part of the Universal Motown Republic Group. The label has been dormant since 2006, due to Universal Motown and Universal Republic Records being formed and taking all of the artists from it. Those labels were eventually combined to form the latest iteration of Republic Records. Rapper SPM was signed to this label from 2000 - 2001 As of 2023, the label remains dormant but has been credited as a copyright-holder under a few present-day releases. History Founded in 1995 as Rising Tide Records, the label would ultimately begin to thrive the following year when its name was changed to Universal Records to complement the branding overhaul of the Universal Studios structure since MCA Inc. was purchased from Matsushita Electric (now Panasonic) by Seagram. The label was created by former Universal Music Group chairman and CEO Doug Morris and Daniel Glass (founder of Glassnote Records), who became its p ...
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Universal Music Group
Universal Music Group N.V. (often abbreviated as UMG and referred to as Universal Music Group or Universal Music) is a Netherlands, Dutch–United States, American multinational Music industry, music corporation under Law of the Netherlands, Dutch law. UMG's corporate headquarters are located in Hilversum, Netherlands, and its operational headquarters are located in Santa Monica, California. The biggest music company in the world, it is one of the "Record label#Major labels, Big Three" record labels, along with Sony Music, Sony Music Entertainment and Warner Music Group. Tencent acquired ten percent of Universal Music Group in March 2020 for €3 billion and acquired an additional ten percent stake in January 2021. Pershing Square Holdings later acquired ten percent of UMG prior to its Initial public offering, IPO on the Euronext Amsterdam stock exchange. The French Vincent Bolloré, Bolloré family still owns 28 percent of UMG (18 percent directly, and ten percent through Vive ...
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